What currency risk do these firms face

15. South Korean companies such as Goldstar, Samsung, and Daewoo have captured more than 10% of the U.S. color TV market with their small, low priced TV sets. They are also becoming more significant exporters of videocassette recorders and small microwave ovens. What currency risk do these firms face?

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ANSWER. These firms have benefited greatly from the appreciation of the Japanese yen against the U.S. dollar because the won has not risen by nearly ...